PowerFAIDS

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Frequently Asked Questions

Quick answers to commonly asked questions about PowerFAIDS.

Ease of Use

Do I have to create new parameters for every new award year?
Can I integrate PowerFAIDS with other campus systems?
Are there built-in reporting capabilities?
Is it easy to run reports?
Can I create my own fields and data tags and report on them?

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Awards

Does PowerFAIDS automate my student awards process?
Can I do budget and award simulations in PowerFAIDS?
Does PowerFAIDS support algorithmic packaging?

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Nontraditional Programs

Can I set up clock-hour programs?
What types of enrollment patterns does PowerFAIDS support?
Can PowerFAIDS manage complex student budgets?

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Compliance

Does PowerFAIDS help me manage compliance?
Does PowerFAIDS support my Return to Title IV work?
Does PowerFAIDS support state grants?

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Students First

How do I use PowerFAIDS to communicate with students?
Is there a way for students to view their information online?
Can I build and display my institution’s financial aid disclosure form in Net Partner?

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Implementation and Support

How long does PowerFAIDS take to implement?
What implementation support is available?
How often does PowerFAIDS need upgrading?
Will I need a lot of help from IT?

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